IHAK Options History — October 2020

In October 2020, IHAK traded between $30.72 and $35.03. ATM implied volatility averaged 40.5%, placing in the 28.5% IV rank vs the trailing year. The 30-day expected move averaged 9.9%. IV traded above realized volatility by 21.2% (HV 20d: 19.3%). Max pain ranged from $30.00 to $37.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 0.06.

Notable Days

  • 2020-10-06: Highest Volume — 12 contracts
  • 2020-10-14: Largest IV drop — 54.1% change
  • 2020-10-13: Highest IV Rank — 51.2%
  • 2020-10-02: Largest Expected Move — 15.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.43$30.72$35.03$33.23$30.72
Max Pain$31.36$30.00$37.00$37.00$34.00
ATM IV40.5%27.0%66.0%40.1%40.9%
Expected Move9.9%7.2%15.0%11.5%11.7%
HV 20d19.3%15.0%32.1%32.1%19.9%
HV 60d24.3%23.1%25.7%25.7%24.4%
IV Rank28.5%16.5%51.2%28.1%28.9%
IV Percentile47.0%9.1%85.3%56.0%57.1%
Term Structure2.5%-11.9%13.2%-3.2%-2.2%
VWIV29.6%22.6%36.8%36.8%35.7%
Skew 25d4.1%-9.9%22.8%2.9%22.8%
Skew 10d14.1%0.1%23.2%23.2%19.5%
Call IV 25d33.8%20.4%59.4%42.5%33.1%
Put IV 25d37.9%23.8%61.7%45.4%55.9%
Bid-Ask Spread %144.52128.84165.43153.51135.97
Gamma HHI0.210.190.240.200.19
Net GEX4.9K3.8K5.7K3.9K4.6K
Net DEX-140.1K-180.3K-92.3K-98.5K-101.7K
Net VEX-380-422-327-395-327
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.060.000.500.000.00
Total Volume1.72701200
Total OI74.09160806080

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-10-01$33.23$37.0040.1%11.5%32.1%28.1%0.0%2.9%-3.2%3.9K-98.5K-3950.00153.51N/AN/A00591
2020-10-02$32.99$37.0052.4%15.0%23.9%39.1%0.0%2.3%-11.9%3.8K-92.3K-3790.00165.43N/AN/A00591
2020-10-05$33.48$30.0042.7%9.9%22.5%30.4%36.8%4.9%5.1%4.1K-100.1K-3860.00148.92N/AN/A30591
2020-10-06$33.43$30.0044.3%9.9%20.5%31.8%0.0%15.0%4.3%4.3K-106.6K-4000.00145.27N/AN/A120621
2020-10-07$33.75$30.0042.0%8.6%20.0%29.8%0.0%1.0%2.3%5.0K-150.0K-4060.00133.57N/AN/A00741
2020-10-08$33.73$30.0044.2%8.3%19.5%31.8%23.4%0.7%11.8%4.7K-149.0K-4220.00139.85N/AN/A20741
2020-10-09$34.18$30.0062.3%11.4%18.7%47.9%0.0%5.0%2.7%4.6K-157.3K-3910.00156.71N/AN/A00741
2020-10-12$34.69$30.0058.2%10.6%18.7%44.2%0.0%3.7%-7.7%4.8K-165.8K-3970.00136.96N/AN/A30741
2020-10-13$35.03$30.0066.0%7.2%18.8%51.2%22.6%-1.2%9.8%5.2K-173.1K-3700.00149.54N/AN/A80731
2020-10-14$34.89$30.0030.3%8.7%19.0%19.4%0.0%-2.3%-1.7%5.6K-180.3K-3660.00128.84N/AN/A00761
2020-10-15$34.62$30.0028.5%8.2%18.2%17.8%0.0%0.6%5.5%5.4K-170.3K-3780.00145.18N/AN/A20761
2020-10-16$34.47$30.0028.5%8.2%18.4%17.8%0.0%2.7%12.0%5.3K-172.8K-4000.00138.89N/AN/A10781
2020-10-19$34.06$30.0031.2%8.9%19.1%20.2%0.0%6.2%6.8%5.4K-164.2K-3780.00142.31N/AN/A00761
2020-10-20$33.83$30.0033.3%9.5%18.1%22.1%0.0%11.8%2.5%5.4K-160.1K-3780.00150.22N/AN/A00761
2020-10-21$33.32$30.0035.6%10.2%17.1%24.1%0.0%11.9%-0.3%5.4K-147.1K-3960.00144.01N/AN/A00761
2020-10-22$33.17$30.0034.6%9.9%16.4%23.2%0.0%6.5%1.5%5.3K-143.1K-3670.00147.39N/AN/A00761
2020-10-23$33.17$30.0034.2%9.8%15.0%22.9%0.0%6.8%1.3%5.7K-140.8K-3770.00146.73N/AN/A00761
2020-10-26$32.64$30.0032.7%9.4%15.7%21.6%35.7%-0.9%13.2%5.1K-135.6K-3690.50138.47N/AN/A21761
2020-10-27$32.76$34.0027.0%7.7%15.7%16.5%0.0%-9.9%8.4%5.3K-135.2K-3760.00142.57N/AN/A00772
2020-10-28$31.82$34.0041.4%11.9%18.8%29.3%0.0%0.2%-3.7%4.7K-123.5K-3560.00144.97N/AN/A40772
2020-10-29$31.54$34.0040.1%11.5%18.0%28.1%0.0%-0.9%-2.5%4.9K-115.1K-3430.00144.09N/AN/A00782
2020-10-30$30.72$34.0040.9%11.7%19.9%28.9%0.0%22.8%-2.2%4.6K-101.7K-3270.00135.97N/AN/A00782